Gilat satellite networks ltd (GILT)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Products

214,522

214,291

128,970

157,531

133,554

155,691

174,313

120,255

91,407

Services

68,234

65,260

68,573

77,602

101,312

115,875

71,018

112,730

136,652

Total revenues

282,756

279,551

197,543

235,133

234,866

271,566

245,331

232,985

228,059

Cost of revenues:
Products

153,167

162,563

94,683

106,905

86,304

96,805

93,989

61,975

56,672

Services

47,094

41,498

48,635

44,593

68,906

76,832

48,409

91,156

100,956

Impairment of long-lived assets

0

0

10,137

0

0

-

-

-

-

Total cost of revenues

200,261

204,061

153,455

151,498

155,210

-

-

-

-

Total cost of revenue

-

-

-

-

-

173,637

142,398

-153,131

157,628

Gross profit

82,495

75,490

44,088

83,635

79,656

97,929

102,933

79,854

70,431

Operating expenses:
Research and development, net

28,014

24,853

22,412

25,158

27,900

29,241

31,701

18,945

13,970

Selling and marketing

23,759

23,411

24,823

32,537

32,214

34,988

35,370

33,396

29,138

General and administrative

19,861

26,471

18,644

20,903

23,071

23,618

24,738

29,844

27,987

Restructuring costs

0

0

1,508

0

564

315

398

-

-

Goodwill impairment

0

0

20,402

0

0

-

-

-

-

Impairment of goodwill and intangible assets

-

-

-

-

-

31,879

17,846

-

-

Costs related to acquisition transactions

-

-

-

-

-

-

-

3,842

0

Impairment of goodwill and intangible assets and restructuring costs

-

-

-

-

-

-

-

0

-

Impairment of goodwill and restructuring costs

-

-

-

-

-

-

-

-

0

Total operating expenses

71,634

74,735

87,789

78,598

83,749

120,041

110,053

86,027

71,095

Operating income (loss)

10,861

755

-43,701

5,037

-4,093

-22,112

-7,120

-6,173

-664

Financial expenses, net

-4,307

-4,843

-7,243

-3,837

-6,239

-3,432

-3,235

-557

1,050

Net income (loss) before taxes on income

6,554

-4,088

-50,944

1,200

-

-

-

-

-

Other income

-

-

-

-

-

2,729

8,074

37,360

2,396

Income (loss) before taxes on income

-

-

-

-

-10,332

-22,815

-2,281

30,630

2,782

Taxes on income (benefit)

-247

1,252

1,190

1,901

-755

-1,893

-430

11

904

Net income (loss) from continuing operations

6,801

-5,340

-52,134

-701

-9,577

-20,922

-1,851

-

-

Loss from discontinued operations

0

0

-200

-795

-8,320

-2,270

-3,999

-

-

Net income (loss)

6,801

-5,340

-52,334

-1,496

-17,897

-23,192

-5,850

30,619

1,878

Earnings (loss) per share (basic and diluted):
Continuing operations

0.12

-0.10

-1.16

-0.02

-0.23

-0.51

-0.04

-

-

Discontinued operations

0.00

0.00

0.00

-0.02

-0.20

-0.05

-0.10

-

-

Total income (loss) per share

0.12

-0.10

-1.16

-0.04

-0.43

-0.56

-0.14

-

-

Weighted average number of shares used in computing earnings (loss) per share:
Basic and diluted

-

-

-

43,777

41,960

41,410

-

-

-

Basic

-

-

-

-

-

-

-

0.76

0.05

Diluted

-

-

-

-

-

-

-

0.73

0.04

Basic

54,680

51,970

45,026

-

-

-

40,929

40,466

40,159

Diluted

54,851

51,970

45,026

-

-

-

40,929

41,985

41,473